James R Martin Consulting Inc DBA JRM Capital Management

Item 5- Fees and Compensation

JRM fees are billed in advance at the beginning of each quarter based upon the amount of the Client’s assets under
management as of the last business day of the previous quarter. Assets under management are retrieved from the client's
online access if the account is a retirement account (i.e. 401K, 403(b), TSP, etc) and from the client's brokerage statement
if the account is any other account. All accounts for members of the client's family (husband, wife and children) or related
businesses (non-fiduciary status accounts) may be assessed fees based on the total assets of all accounts. Cash balances
are sometimes used for strategic purposes and therefore will be included in assets under management and will be assessed

the management fee assigned. If the client is new, the first calculation of fees are pro rated as of the day the first trades
were made in the client's account(s). The client can either choose to be billed or have their fees automatically deducted
from their accounts, if we deduct fees we do it once a quarter.

The fees listed below are JRM’s standard fees and are sometimes used as guidelines in determining a client’s fee
arrangement. Some of our clients may be grandfathered under a lower fee structure and we may render some services pro
bono or at material discounts. It is at JRM’s discretion what management fee a client will be charged.

                                          Amount of Assets Annual Percentage
                                              First $1 million      1%
                                              Next $2.5 million   .75%
                                              Next $2.5 million   .50%
                                              Next $5 million     .40%
                                              Next $5 million     .30%
                                              Next $10 million    .25%
                                              Next $10 million    .20%
                                              Over $35 million    .10%

Clients may terminate the investment advisory relationship at any time without penalty. If termination occurs before the
end of the billing quarter, JRM will pro-rate the amount paid by the client for the quarter and make a refund to the client
based upon the number of days remaining in the quarter after the date of termination or the liquidation of client's
account(s), as applicable. Such refund will be paid within thirty (30) days after the termination or liquidation date. JRM
reserves the right to offset the amount of such refund by any outstanding fees owed by the client to JRM.

If a client passes away during the quarter that they have already pre paid for our services we will either help distribute
assets to heirs and keep the remaining fee for payment of services or refund the remaining amount and delink ourselves
from the accounts. The fee arrangement will be agreed upon by the executor and JRM.

All fees paid to JRM for investment advisory services are separate and distinct from the fees and expenses charged by
mutual funds to their shareholders and fees charged by sub-advisers for services. These fees and expenses are described
in each fund's prospectus or disclosure documents of sub-advisers. These fees will generally include a management fee,
other fund expenses, and a possible distribution fee. All clients are invested in no load mutual funds or funds that do not
have 12(b)(1) fees.

All client accounts (except for company retirement plans and alternative assets) are custodied at Charles Schwab
Institutional. There are not any maintenance fees charged by Charles Schwab Institutional for maintaining a client’s
account(s), but they do charge a transaction fee (negotiated by JRM) for most trades placed by JRM as well as fees for
wire transfers and returned checks. The fees charged can change at any time and are not controlled by JRM. However
periodically we do an analysis on transaction costs to make sure they are still competitive and a good fit for our clients,
more information on brokerage practices can be found in Item 12, pg. 7

JRM does not receive any compensation related to brokerage or trading activity, nor any 12(B)(1) fees that may be
generated incidental to funds used.

The client could invest in mutual funds or with some sub-advisers directly, without the services of JRM. In that case, the
client would not receive the services provided by JRM which are designed, among other things to assist the client in
determining which investments are most appropriate for the client's financial condition and objectives. Accordingly, the
client should review both the fees and expenses charged by the mutual funds and sub-advisors and the fees charged by
JRM to fully understand the total amount of fees to be paid by the client and to thereby evaluate the advisory services
being provided by JRM.

Item 7-Types of Clients
James R. Martin Consulting, Inc. DBA JRM Capital Management provides portfolio management services to individuals,
high net worth individuals, ERISA plans, charitable institutions, and foundations. There are not any account minimums
for opening or maintaining an account with JRM, though some mutual funds we use do have fund minimums and
sometimes on smaller accounts diversification is harder to achieve because of that.